Dow +48
Nas +24
S&P +7 to 1245
The S&P is drifting higher thru resistance that we had previously seen in the 1225-1235 range. Next resitance is at 1300.
I'm not really sure what to think about the European situation. I can't tell what the market is pricing in. It looks like traders are anticipating a solution by Wednesday. If some solution/agreement is not fianlized by then, we could see a quick drop in equities.
Gold and Silver are holding near their recent lows, but are holding up well. Obviously some LARGE fund or pool of money is propping that trade up. Here are the charts on the Gold and Silver ETFs:
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